As COP26 draws closer, climate negotiations are still stuck on finance
- July 5, 2021
- Posted by: Njango Njung'e
- Category: Climate Change
The recent G7 summit delivered lofty words on climate but little substance. What does the lack of progress on issues like climate finance mean for the success of COP26?
…There was also disappointment on the issue of adaptation, which developing countries view as being of equal importance to emissions reduction. Mohamed Adow, director of PowerShift Africa, said at a press briefing that extreme weather events were now “the new normal”, but the “lofty words” about shared responsibility and respect for human rights in the G7 communiqué were “absolutely hollow”, considering the lack of finance put forward for adaptation by developed countries. “Where is the respect for human rights when there is a deficit of adaptation financing?” he said